Manager – Compliance – BFSI

Career Management Services; Mumbai; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

A financial services firm is seeking a Compliance Manager to oversee regulatory compliance and reporting related to stock broking. The role requires a Bachelor's or Master's degree and 10-12 years of compliance experience, especially with SEBI regulations. You will manage audits, develop policies, and lead training programs. Strong leadership and communication skills are essential for this position.

Qualifications

• Minimum of 10-12 years of experience in compliance, focusing on stock broking and stock exchange regulations.
• Extensive experience in managing SEBI compliance and regulatory reporting.

Responsibilities

• Ensure adherence to SEBI regulations and stock exchange rules.
• Develop and implement compliance policies and procedures.
• Manage stock exchange inspections and conduct internal audits.
• Perform compliance risk assessments and collaborate with internal teams.
• Lead compliance training programs and report on activities to senior management.

Skills

Regulatory Compliance

Risk Management

Leadership

Communication

Education

Bachelor's or Master's degree in Finance, Law, Business Administration, or related field

Job description

Overview

Exchange compliances background, specially the periodical requirements of mcx, nse, bse. Manage audit queries and liaise with exchange as and when required.

Responsibilities

• Regulatory Compliance & Reporting
  • Ensure strict adherence to SEBI regulations, stock exchange rules, and other regulatory requirements related to stock broking.
  • Oversee SEBI and stock exchange reporting requirements, ensuring timely and accurate submissions.
  • Keep abreast of any changes in regulatory requirements and update compliance practices accordingly.
• Policy Development & Implementation
  • Develop and implement compliance policies and procedures to prevent violations and ensure the organization’s adherence to stock market regulations.
  • Conduct regular reviews and updates to compliance policies, adapting to changes in the regulatory landscape.
• Audit & Inspection Management
  • Manage all aspects of stock exchange inspections, including coordinating responses to inspection queries and follow-ups.
  • Conduct internal audits and mock inspections to identify potential compliance gaps, preparing the team for official inspections and reviews.
  • Collaborate with auditors and regulators, ensuring transparency and efficient audit processes.
• Risk Management
  • Perform regular compliance risk assessments to identify, analyze, and mitigate potential risks associated with stock broking activities.
  • Work closely with the risk management and internal audit teams to monitor compliance-related risks.
• Training & Development
  • Lead the development and delivery of compliance training programs to educate employees on regulatory requirements and promote compliance awareness.
  • Stay current on compliance trends and regulatory changes, and provide insights to staff to ensure continued compliance.
• Internal Reporting & Collaboration
  • Report on compliance activities, issues, and updates to senior management and board members, maintaining an open line of communication on compliance matters.
  • Collaborate with various departments (legal, finance, operations) to ensure integrated compliance efforts across the organization.

Qualifications

• Bachelors or Masters degree in Finance, Law, Business Administration, or related field.
• Minimum of 10-12 years of experience in compliance, with a focus on stock broking and stock exchange regulatory requirements.
• Extensive experience in managing SEBI compliance, stock exchange inspections, and regulatory reporting.
• Strong understanding of the stock market, SEBI regulations, and risk management principles.
• Excellent leadership and communication skills, with the ability to influence and drive compliance initiatives.